The popular UK show "The Apprentice" is billed as great business education. An article about how the apprentice contestants are faring now, sheds interesting light on the subject. Raj Dhanota from series one was fired for being too quiet and non-descript. He is now a millionaire. He was a previous bankrupt, but he did not give up. "I'm in no doubt," says Raj Dhonota, "that The Apprentice was a complete, total, utter waste of time".
Alan Sugar may be a millionaire, but he does not have the exclusive path to wealth. No rich person does. Not one of his chosen Apprentice winners has made big money solely from his advice. Tim Campbell the first winner failed to make any profit from the cosmetics range Alan Sugar told him to launch. He is now doing some kind of charity work for a business fundraising initiative.
It is interesting to remember that Alan Sugar does not believe in apprentices, and thinks people get rich by working solely for themselves. He quoted "I would never work for anybody else", so the idea that he could have an apprentice is laughable, as the "winner" would only be Sir Alan's lapdog, the one thing he would never allow himself to be.
Alan Sugar, Richard Branson, Andrew Carnegie, Steve Fossett, Duncan Bannatyne, Mark Cuban, Michael Dell, Lakshmi Mittal, and many other multi-millionaires never had an exclusive mentor. They were never Apprentices. They did listen to the advice of people they respected from time to time, but in the end they made their own decisions. They carved their own path through business and life.
I sometimes refer to my millionaire mentors in my blog, but in reality I see them as "sounding boards" who I bounce ideas off. I would never take their advice without question, even though they are very rich. Not one of my "mentors" saw the credit crunch coming, and they have all lost money because of it, so I know they are not infallible and there will be situations where I am right and they are wrong, in spite of their great wealth.
Failure is never final. In a show like The Apprentice, only one person can win, but is the prize worth having, or is the show concocted for entertainment value only. Raj Dhanota was told by an extremely rich man that he was unsuitable for great wealth, that he was too quiet, that his personality was not good enough. He sought wealth regardless, and now he has it.
Never trust anybody else, apart from your own desire, when it comes to making money. Nobody can tell you that you can never have wealth. Not even Alan Sugar. I'm thinking of ditching my "mentors". They'll still be my friends, but not my advisors anymore. After all, they've walked their own path, and now I have to walk mine.
Alan Sugar may be a millionaire, but he does not have the exclusive path to wealth. No rich person does. Not one of his chosen Apprentice winners has made big money solely from his advice. Tim Campbell the first winner failed to make any profit from the cosmetics range Alan Sugar told him to launch. He is now doing some kind of charity work for a business fundraising initiative.
It is interesting to remember that Alan Sugar does not believe in apprentices, and thinks people get rich by working solely for themselves. He quoted "I would never work for anybody else", so the idea that he could have an apprentice is laughable, as the "winner" would only be Sir Alan's lapdog, the one thing he would never allow himself to be.
Alan Sugar, Richard Branson, Andrew Carnegie, Steve Fossett, Duncan Bannatyne, Mark Cuban, Michael Dell, Lakshmi Mittal, and many other multi-millionaires never had an exclusive mentor. They were never Apprentices. They did listen to the advice of people they respected from time to time, but in the end they made their own decisions. They carved their own path through business and life.
I sometimes refer to my millionaire mentors in my blog, but in reality I see them as "sounding boards" who I bounce ideas off. I would never take their advice without question, even though they are very rich. Not one of my "mentors" saw the credit crunch coming, and they have all lost money because of it, so I know they are not infallible and there will be situations where I am right and they are wrong, in spite of their great wealth.
Failure is never final. In a show like The Apprentice, only one person can win, but is the prize worth having, or is the show concocted for entertainment value only. Raj Dhanota was told by an extremely rich man that he was unsuitable for great wealth, that he was too quiet, that his personality was not good enough. He sought wealth regardless, and now he has it.
Never trust anybody else, apart from your own desire, when it comes to making money. Nobody can tell you that you can never have wealth. Not even Alan Sugar. I'm thinking of ditching my "mentors". They'll still be my friends, but not my advisors anymore. After all, they've walked their own path, and now I have to walk mine.
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